2, BROADWOOD CLOSE, TRIMINGHAM, NORWICH, NR11 8EE - £300,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

2 BROADWOOD CLOSE is a very small detached house of 50m², built sometime between 1967 and 1975, which could now be worth an estimated £304,210. It was last sold for £300,000 in June 2022, which was around 29% below the average June 2022 detached price in the North Norfolk local authority area. The most recent EPC inspection was March 2022, where the current energy rating was E, and the potential energy rating was B.

2 BROADWOOD CLOSE Sold Prices

Land registry data shows two sales for 2 BROADWOOD CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the North Norfolk local authority area for the corresponding sale date. Both of the two 2 BROADWOOD CLOSE sales were for below the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2022 27 JUN	£300,000	£424,855	29% below HPI
2021 9 APR	£215,000	£374,726	43% below HPI

2 BROADWOOD CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the North Norfolk local authority area over time, sourced from the HPI. The two 2 BROADWOOD CLOSE sales from April 2021 and June 2022 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the April 2021 sale was for 43% below the HPI. So the extrapolation line tracks at 43% below the HPI over time, until the June 2022 sale, where it rises to 29% below the HPI. The line then continues to track at 29% below the HPI.

What might 2 BROADWOOD CLOSE be worth now?

2 BROADWOOD CLOSE might now be worth an estimated £304,210.

This is based on house price inflation of 1.4%, between June 2022 and February 2025, for detached houses, in the North Norfolk local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 1.4% inflationary increase is applied to the most recent sale price for 2 BROADWOOD CLOSE of £300,000 on 27th June 2022. For the value to have increased from £300,000 to £304,210 over the three years and four months to February 2025, the following assumptions must hold true:

• The value of 2 BROADWOOD CLOSE has moved in line with the HPI for detached houses in the North Norfolk local authority area.
• The June 2022 sale price of £300,000 represented a fair market value for the property.
• The size, condition, and specification of 2 BROADWOOD CLOSE has not materially changed since June 2022.

How Large is 2 BROADWOOD CLOSE?

2 BROADWOOD CLOSE is 50m² according to the EPC inspection conducted in March 2022. This puts it in the smallest 10% of detached houses houses in Trimingham, based on EPC data. The below chart shows the distribution of detached houses houses by size in Trimingham, and where 2 BROADWOOD CLOSE lies on this distribution: 2% of detached houses houses are smaller than 2 BROADWOOD CLOSE, and 95% of houses are larger. Note that EPC data is not available for all properties in Trimingham.

2 BROADWOOD CLOSE: Plot and Title Map

2 BROADWOOD CLOSE sits on a plot of roughly 0.116 of an acre, or 470m². The below map shows the location of 2 BROADWOOD CLOSE, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of 2 BROADWOOD CLOSE). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is 2 BROADWOOD CLOSE?

2 BROADWOOD CLOSE is located in TRIMINGHAM, in the NR11 postcode district. The below map shows the position of No. 2 on BROADWOOD CLOSE.